OMG Network (OMG) Price
OMG is only available to store
This asset is currently unavailable to trade on Gemini. You can store OMG and transfer it with a compatible external wallet.
OMG is only available to store
This asset is currently unavailable to trade on Gemini. You can store OMG and transfer it with a compatible external wallet.
OMG Network
OMG
$0.185041
-$0.0244657705 (-11.68%)
Past year
Volume (24H)
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Circulating Supply
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About OMG Network (OMG)
OmiseGo is a peer-to-peer network for financial transactions across multiple asset classes.
OMG Network was described in a white paper published in June, 2017. OMG Network aims to create interoperability between different asset classes such as fiat and cryptocurrency. It is a layer 2 solution built on Ethereum with several key components. The first is theOMG Network eWallet, which holds multiple currencies. The second is Plasma, a scaling solution for the Ethereum. The third is the proposed OMG Network decentralized exchange (DEX) that will allow users to exchange different asset types. The proposed OMG DEX will have a proof-of-stake consensus mechanism.
Launch date: To be announced. The OmiseGo eWallet has been released and is currently in public alpha.
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Frequently asked questions
OMG Network Token
OMG is the digital asset token used to pay for services on the OMG network. It is built on Ethereum in accordance with the ERC20 standard for tokens. OMG can be bought and sold for fiat currency or other digital currencies.
OMG can be stored in a crypto wallet and custodian like Gemini.
Learn more about OMG Network on cryptopedia
